Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

BW_Zone_Trading - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

author EAcpu | 3 reads | 0 comments |

BW_Zone_Trading - indicator for MetaTrader 5

BW_Zone_Trading - indicator for MetaTrader 5

Modified Indicators for Bill Williams Zone Trades.

In contrast to using the standard Momentum Oscillator (AO) and Acceleration Oscillator (AC), this indicator allows setting the calculation price and period of fast and slow MA for AO calculation, smoothing period and AC calculation method, as well as selecting the filter type - using both indicators or using any one of them alone.

The indicator has six input parameters:

The indicator is plotted in a separate window in the form of a candlestick chart, the color depends on the zone:

The indicator is equipped with four buffers and can be used in Expert Advisor:

BW_Zone_Trading - indicator for MetaTrader 5

BW_Zone_Trading - indicator for MetaTrader 5


Attachment download

📎 bw_zone_trading.mq5 (25.04 KB)

Source: MQL5 #20215

Verification code Refresh